The Indian government is taking steps to introduce comprehensive regulations for the cryptocurrency sector, as reported by local media on Aug. 22. The first move in this plan is to release a consultation paper in the upcoming weeks to gather feedback from stakeholders. This initiative showcases the government’s dedication to establishing a regulatory framework for
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Cryptocurrency exchange Coinbase recently announced its support for the Ethereum layer-2 network Polygon’s planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). The migration from MATIC to POL is set to begin on August 26, with Coinbase facilitating the transition for its users in the coming months. During the migration period,
Dalmas Ngetich, a prominent crypto reporter, has made significant contributions to the industry with his unique perspective and expertise. His extensive experience in covering topics such as NFTs, blockchain, DeFi, and blockchain news has set him apart as a thought leader in the field. This article delves into the various aspects of Dalmas Ngetich’s influence
Aethir and Return Entertainment have joined forces to bring cloud-based gaming experiences directly to your living room. This collaboration is not just about providing a normal gaming experience but aims to deliver cinematic scalable adventures on your TV screen. By combining Aethir’s enterprise-grade GPU services with Return Entertainment’s streaming platform, the partnership is set to
The price of Bitcoin has experienced numerous ups and downs over the years, with bull and bear cycles shaping its trajectory. Market analysts often study the historical performance of the cryptocurrency to gain insights into its future movements. PlanB, a prominent crypto analyst, recently shared a bullish perspective on Bitcoin’s price based on previous cycle
Technical analyst Willy Woo recently shared insights on the state of Bitcoin inventory on exchanges. He highlighted that the market had been bearish due to significant BTC influx from the German and US governments, as well as Mt. Gox distributions. This influx resulted in an increase in paper Bitcoin, referring to derivatives like futures and
Ronaldo, an experienced crypto enthusiast, has dedicated over five years to researching and understanding the world of cryptocurrencies. His journey began with a spark of curiosity that evolved into a deep passion for exploring the intricacies of this groundbreaking technology. Ronaldo’s expertise lies in technical analysis, where he believes that studying charts and deciphering price
The recent choppy consolidation in bitcoin’s price has left many market players feeling uncertain. However, a particular group of bitcoin holders, known as whales, seem to be taking advantage of the situation. Data from Santiment shows that whales holding between 100 and 1,000 BTC have increased their holdings by 94.7K BTC over the past six
In a bold move amidst the current market lull, Tokyo’s Metaplanet investment firm has acquired an additional 57.273 BTC, valued at approximately 500 million yen or $3.4 million. This purchase is part of a larger strategy announced on August 8, following the firm’s acquisition of a 1 billion yen loan, worth around $6.8 million, intended
In a market that is recovering, Cardano stands out with a resurgence of bullish sentiments despite its underperformance compared to other major cryptocurrencies. Bitcoin has reclaimed the $61,000 price mark, boosting optimism across the market. Cardano’s weighted sentiment score is currently at an impressive 1.69, surpassing other assets like Bitcoin and Ethereum. This represents the